Brett

What if your co-workers knew how much you make?
What if your co-workers knew how much you make?

There’s NO bigger secret at work than how much money everyone makes.

But, a growing number of companies around the U.S. are making everyone’s salary public knowledge. WHY? Here are the top three reasons.

1. Trust. When there’s full transparency, no one can SUSPECT the company is ripping them off or paying them way less than everyone else. Public salaries can also earn more trust from clients and customers.

2. Motivation. There’s no mystery in raise negotiations anymore. Employees will know what other people are making and will have to step up to prove they’re providing the same value to the company and deserve the same salary.

3. Team building. If you know how much everyone’s being paid, it eliminates that wall that all coworkers have to put up between each other.

Of course, all of that can BLOW UP. Knowing people’s salaries could just make everyone BITTER and RESENTFUL . . . which is why the current, secret system is in place.

Yahoo Finance

 

Contact Brett

Email Brett

Recent Stories

bobdylan

In Entertainment

Today in entertainment history: April 24

A look at some of the biggest Hollywood headlines of days past.

justin

In Music

Justin Bieber's DUI trial delayed until July

The "Baby" hitmaker was granted a postponement.

brown

In Music

Chris Brown's assault trial delayed again

The R&B singer's assault trial is facing a long delay.

springfield

In Music

Rick Springfield embarking on solo tour

The "Jessie's Girl" hitmaker will head to his native Australia for a tour.

people

In Entertainment

Oscar-winner Lupita Nyong'o named 'most beautiful'

The actress was named as the world's most beautiful woman for 2014 by "People" magazine.